The chart below shows NHL minimum and maximum player salaries by year since 2005. The team salary cap has increased 83% since 2005, providing for maximum player salary to rise by the same margin.Minimum wage, on the other hand, has increased only 28% during that span.he maximum player salary was capped at 20% of the team salary cap. Meanwhile, the minimum player salary jumped 257% from $180,000 to $450,000 with fixed bumps in future years.
What is a 'Primary Beneficiary'. A primary beneficiary is a beneficiary in a will, trust or insurance policy that is first in line to receive named benefits. Primary beneficiaries are contrasted with contingent beneficiaries, who will only receive benefits if the primary beneficiary has died. There can be more than one primary beneficiary. Next Up.
Protect your loved ones with a will. Beneficiary Defined. A beneficiary is a person or entity designated to receive assets upon another person's death. Specific beneficiaries are named in a last will and testament or in a life insurance policy; they typically include a personâs spouse, children or other relatives. Some people designate charities, trusts or other legal entities as beneficiaries instead of family members, either by choice or because none exist.